Saturday, January 22, 2011
Westlake named nation's most affluent neighborhood
Westlake named nation's most affluent neighborhood
By Mike Drago/Editor
mdrago@dallasnews.com |
12:20 PM on Thu., Jan. 20, 2011 | Permalink
Westlake, that bastion of sports and entertainment celebrities and corporate moguls, has been named by Forbes as the nation's most affluent neighborhood.
The town, with its gated Vaquero community of estate-sized mansions, made the headlines in 2008, when the Jonas Brothers bought a swanky house. Westlake is popular with celebrities because of its proximity to D/FW International Airport, the privacy afforded within Vaquero and because the community is on a high-end golf course.
Forbes quotes Westlake Mayor Laura Wheat as being unsurprised, "since we are a very small town and we have a number of highly paid professional athletes who live here, CEOs of major corporations, members of a popular band of brothers ... There is no place like it."
To compile its list, Forbes used census data to look at average median household income estimates from 2005 to 2009. Westlake led the nation with an average $250,000. The next highest was the Village of Kenilworth, Ill., a Chicago suburb, at $247,000.
Forbes' story leads with the Jonas Brothers, but editors might have missed this tidbit: We're not sure the crooners even live there anymore. They put their mansion on the market in October. According to the listing broker, the JoBros sold their place for $2.2 million just before Christmas.
By Mike Drago/Editor
mdrago@dallasnews.com |
12:20 PM on Thu., Jan. 20, 2011 | Permalink
Westlake, that bastion of sports and entertainment celebrities and corporate moguls, has been named by Forbes as the nation's most affluent neighborhood.
The town, with its gated Vaquero community of estate-sized mansions, made the headlines in 2008, when the Jonas Brothers bought a swanky house. Westlake is popular with celebrities because of its proximity to D/FW International Airport, the privacy afforded within Vaquero and because the community is on a high-end golf course.
Forbes quotes Westlake Mayor Laura Wheat as being unsurprised, "since we are a very small town and we have a number of highly paid professional athletes who live here, CEOs of major corporations, members of a popular band of brothers ... There is no place like it."
To compile its list, Forbes used census data to look at average median household income estimates from 2005 to 2009. Westlake led the nation with an average $250,000. The next highest was the Village of Kenilworth, Ill., a Chicago suburb, at $247,000.
Forbes' story leads with the Jonas Brothers, but editors might have missed this tidbit: We're not sure the crooners even live there anymore. They put their mansion on the market in October. According to the listing broker, the JoBros sold their place for $2.2 million just before Christmas.
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